A few months ago I made my own personal social token — considered under cryptocurrencies — called $GIAN. In case you’ve never heard of social tokens, I guess a relatable way of explaining it is through your loyalty points from your favorite brands. You get points for doing certain actions, just like following them in social media, signing up for their newsletter or email list, or buying stuff from their stores. With those points, you can claim stuff, like a voucher, or use it to pay for items...

A few months ago I made my own personal social token — considered under cryptocurrencies — called $GIAN. In case you’ve never heard of social tokens, I guess a relatable way of explaining it is through your loyalty points from your favorite brands. You get points for doing certain actions, just like following them in social media, signing up for their newsletter or email list, or buying stuff from their stores. With those points, you can claim stuff, like a voucher, or use it to pay for items...

We have been seeing quite a few seed rounds getting done in and around $100mm post-money and that concerns me for a few reasons:Seed stage is when a company has a good team, a good idea, but has not yet proven product market fit and a go to market model, and has not yet demonstrated a sustainable business model.These investments have a high failure rate. In my experience, roughly half of seed stage investments fail completely, wiping out everyone’s investment, including the founding team’s.Th...

We have been seeing quite a few seed rounds getting done in and around $100mm post-money and that concerns me for a few reasons:Seed stage is when a company has a good team, a good idea, but has not yet proven product market fit and a go to market model, and has not yet demonstrated a sustainable business model.These investments have a high failure rate. In my experience, roughly half of seed stage investments fail completely, wiping out everyone’s investment, including the founding team’s.Th...